HB1354 (2014) Detail

Relative to municipal appropriations for certain capital projects.


HB 1354 – AS INTRODUCED

2014 SESSION

14-2502

10/04

HOUSE BILL 1354

AN ACT relative to municipal appropriations for certain capital projects.

SPONSORS: Rep. S. Chandley, Hills 22

COMMITTEE: Municipal and County Government

ANALYSIS

This bill allows a municipality authorizing an appropriation for more than one year for a specific capital project to appropriate the funds for more than 5 years if specifically stated in the authorizing vote and adopted by the legislative body.

- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

Explanation: Matter added to current law appears in bold italics.

Matter removed from current law appears [in brackets and struckthrough.]

Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.

14-2502

10/04

STATE OF NEW HAMPSHIRE

In the Year of Our Lord Two Thousand Fourteen

AN ACT relative to municipal appropriations for certain capital projects.

Be it Enacted by the Senate and House of Representatives in General Court convened:

1 Municipal Budget Law; Appropriation for Capital Projects; Extending Years. Amend the introductory paragraph of RSA 32:7-a to read as follows:

32:7-a Appropriations for Capital Projects. In addition to any other appropriation authority, and notwithstanding any other provisions of law, at any annual meeting the legislative body may, by the affirmative vote of 2/3 of those present and voting, or by the affirmative vote of 3/5 of those voting on the question in a town or district that has adopted the official ballot referendum form of meeting, appropriate funds for a term beyond one fiscal year, [but not to exceed] and up to 5 fiscal years unless a greater number of years are specifically stated in the vote and adopted by the legislative body, as follows:

2 Effective Date. This act shall take effect 60 days after its passage.